Producer Price Index

August 10, 1985|By Deanne Brandon

SNAFU. The Labor Department on Friday was forced to postpone release of one its economic indicators -- the wholesale price report for July. The department's Bureau of Labor Statistics blamed ''processing errors'' for the delay and said it would work through the weekend to have the Producer Price Index report ready for release Monday. Thomas R. Tibbetts, assistant commissioner for industrial prices, said it was the first time in his memory that one of the government's economic reports was delayed because of computation errors.